The New Zealand Labour Party and New Zealand Greens both make much of the fact that when you privatise a state-owned enterprise the taxpayer is no longer entitled to dividends from the privatised business. The fact that the sale price is the net present value of those future dividends is a rating fallacy that is not the subject of this post.
Source: New Zealand Treasury – data released under the Official Information Act.
What is the subject of this post is whether there are indeed any dividends paid to taxpayers after capital injections. 2007 was the last year in which dividends to the taxpayer exceeded capital injections. The reason was that dog called KiwiRail.
Western Australian secessionists, in common with Scottish nationalists, really do like to dictate the terms of their succession which always includes an open border and a generous financial settlement regarding division of federal government debts.
How arrogant. Why should parting be sweet? If you do not want us, why should we want you. If you want to find your own destiny, you can find it good and hard.
Expulsions of Jews across Europe during the Medieval & Early Modern periods. http://t.co/4HKGlNCjou— History Facts 247 (@historyfacts247) July 08, 2015
Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. - J Robert Oppenheimer.
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